-- Achieve 75% lower requisition-to-order cycle times -- Place 88% of their spend under management (twice the amount of the average enterprise) -- Experience 31% lower "maverick" (off-contract) spend than all other organizations"Best-in-Class enterprises consistently demonstrate their ability to achieve desirable performance across the spectrum of procurement performance metrics," said Amit Gupta, research analyst, Aberdeen. "By leveraging e-procurement technology and other crucial strategies and solutions, such as collaboration, supplier networks, and centralization, they have successfully streamlined the procure-to-pay process." Based on the research, Aberdeen suggests that enterprises implement the following recommendations to spark performance within their respective e-procurement programs:
-- Leverage e-procurement solutions across complex category management (contract labor, print, T&E, etc.) -- Conduct periodic benchmarking of key procurement metrics against industry competitorsA complimentary copy of this report is made available due in part by the following underwriters: IQNavigator, Puridiom, Verian Technologies, and Wax Digital. To obtain a complimentary copy of the report, visit: http://www.aberdeen.com/link/sponsor.asp?cid=5152. To access all of Aberdeen's complimentary research please visit http://research.aberdeen.com. About Aberdeen Group, a Harte-Hanks Company Aberdeen is a leading provider of fact-based research and market intelligence that delivers demonstrable results. Having benchmarked more than 30,000 companies in the past two years, Aberdeen is uniquely positioned to educate users to action: driving market awareness, creating demand, enabling sales, and delivering meaningful return-on-investment analysis. As the trusted advisor to the global technology markets, corporations turn to Aberdeen for insights that drive decisions. As a Harte-Hanks Company, Aberdeen plays a key role of putting content in context for the global direct and targeted marketing company. Aberdeen's analytical and independent view of the "customer optimization" process of Harte-Hanks (Information - Opportunity - Insight - Engagement - Interaction) extends the client value and accentuates the strategic role Harte-Hanks brings to the market. For additional information, visit Aberdeen http://www.aberdeen.com or call (617) 723-7890, or to learn more about Harte-Hanks, call (800) 456-9748 or go to http://www.harte-hanks.com.
© 2008 AberdeenGroup, Inc., a Harte-Hanks Company 451 D Street, Suite 710 Boston, Massachusetts 02210-1928 Telephone: (617)854-5200 Fax: (617) 723-7897 www.aberdeen.com
Contact Information: Media Contact: Amit Gupta Aberdeen Harte-Hanks 925-264-1828 amit.gupta@aberdeen.com